Petróleo Brasileiro S.A. - Petrobras (PBR.A)
NYSE: PBR.A · IEX Real-Time Price · USD
15.59
+0.49 (3.25%)
At close: Apr 19, 2024, 4:00 PM
15.58
-0.01 (-0.06%)
After-hours: Apr 19, 2024, 7:57 PM EDT
PBR.A Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for PBR.A stock have an average target of 16.8, with a low estimate of 14 and a high estimate of 21.2. The average target predicts an increase of 7.76% from the current stock price of 15.59.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for PBR.A stock from 10 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 5 | 5 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 3 | 3 | 3 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $17 → $17 | Strong Buy | Maintains | $17 → $17 | +11.61% | Mar 25, 2024 |
| HSBC | HSBC | Hold → Strong Buy Upgrades $18 | Hold → Strong Buy | Upgrades | $18 | +15.46% | Mar 25, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $20 → $18 | Strong Buy | Maintains | $20 → $18 | +12.89% | Mar 12, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $16 | Strong Buy → Hold | Downgrades | $16 | +2.63% | Mar 8, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $21 | Strong Buy | Initiates | $21 | +35.98% | Sep 21, 2023 |
Financial Forecast
Revenue This Year
509.06B
from 102.41B
Increased by 397.09%
Revenue Next Year
492.61B
from 509.06B
Decreased by -3.23%
EPS This Year
9.06
from 3.82
Increased by 137.30%
EPS Next Year
8.12
from 9.06
Decreased by -10.47%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 557.5B | 535.7B | 559.7B |
| Avg | 509.1B | 492.6B | 510.3B |
| Low | 434.1B | 407.7B | 443.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 444.4% | 5.2% | 13.6% |
| Avg | 397.1% | -3.2% | 3.6% |
| Low | 323.9% | -19.9% | -10.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.78 | 10.25 | 9.51 |
| Avg | 9.06 | 8.12 | 8.32 |
| Low | 7.30 | 6.27 | 7.40 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 182.3% | 13.1% | 17.1% |
| Avg | 137.3% | -10.5% | 2.5% |
| Low | 91.2% | -30.8% | -8.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.